prevents changes to this answer Question 14 of 55 Question 14 5 points Save Answer Nancy's Products Lid is trying to plan for its cash flows. On Jan 1, 2016 has 51800 in the bank On average 40% of sales are collected at the time of sale and 60% are collected the following month. On average, 25% of purchases each month are paid at the time of purchase and 75% are paid the following month. How much cash will be on hand at the end of March? Sales for Dec, Jan Feb and Mar are 52800, 53200, 52000 and $4200 respectively. Purchases for Dec, Jan Feb and Mar are 54800, 52500, $4150 and 52000 respectively. Show all your work 3 (1200 T TT TT Paragraph Arial %DOQO of Mashups